MergerPlace

$350k+ SDE for $575k Purchase Price!

California


  • Asking Price: $850,000
  • Gross Income: $1,205,852
  • Cash Flow: $355,487
  • Real Estate: Not Disclosed
  • Inventory: $1,000,000
  • FF&E: Not Disclosed
  • Listing ID: #204748
  • Established: 1982
  • Employees: 1 FTE; 1 PTE

Business Description

This company has been supplying high-end pianos to the SF Bay area for over 40 years. The owner is looking to retire and is looking for a new owner to take over the legacy that he has built. Since 2012, the owner began operating with limited hours and by appointments only, the business continued to perform consistently with sales of $1MM-$1.5MM and $300k+ in SDE. Prior to 2012, when the owner was more active, the business had sales in the realm of $3MM. The business has a list of clienteles that reads like the “who’s who” of the Bay Area. In addition, the business has strong relationships will local music industry professionals that continue to refer clients to the business. The vast inventory in the business can be negotiable based on the buyer’s/seller’s needs.

Please refer to Listing ID - SF1086 when inquiring about this advert.

Call us at: 415.227.4411 X301 or 415.930.4013
Email us at: Francisco@Business-Team.com


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: California

Company Information

Year Established: 1982
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FTE; 1 PTE

Financial Information

Asking Price: $850,000
Gross Revenue: $1,205,852
Cash Flow: $355,487
Inventory: $1,000,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Retirement

Support & Training:

Available for 4 Weeks, 20 Hours Per Week

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Francisco S,

Business Team